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- Who is eligible for E-tran?
- What is the maximum interest rate?
- Isn’t floor plan financing available through GMAC?
- What can be financed?
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- Are there some actions that the lender can take unilaterally first and then tell SBA after the fact?
- Are there some servicing actions that must receive prior approval by SBA?
- Does SBA have to approve these payment modifications?
- Can payment modifications be made to loans sold on the Secondary Market?
- What provisions of SBA’s SOP address these payment modifications?
- What types of payment modifications are available in connection with an SBA guaranteed loan?
- How do I get started using E-Tran?
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The mission of the Small Business Investment Company (SBIC) program is to improve and stimulate the national economy and small businesses by stimulating and supplementing the flow of private equity capital and long term loan funds for the sound financing, growth, expansion and modernization of small business operations while insuring the maximum participation of private financing sources.
The Data Management branch of the SBIC program publishes quarterly data on the composition of the program, its economic impact and the activities of the various SBIC Program offices. Check back here quarterly to get the latest data: Quarterly Data as of June 30th, 2012
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